Management ChangeMay 11, 2026, 11:51 AM
AI Era Corp. CEO Dr. Ahmad Moradi Resigns
AI Summary
AI Era Corp. announced that Dr. Ahmad Moradi resigned as its Chief Executive Officer, effective May 7, 2026. The company clarified that his resignation was not due to any disagreement regarding the company's operations, policies, or practices. In connection with his departure, Dr. Moradi and the company entered into a Separation and Release Agreement, under which he will receive only his accrued but unpaid base salary, pro-rated remote-work stipend, and approved unreimbursed business expenses. The agreement explicitly states he is not entitled to severance or other termination benefits and includes a mutual release of claims.
Key Highlights
- Dr. Ahmad Moradi resigned as Chief Executive Officer of AI Era Corp.
- Resignation was effective immediately on May 7, 2026.
- Resignation was not due to any disagreement with the company's operations or policies.
- Company and Dr. Moradi entered into a Separation and Release Agreement on May 8, 2026.
- Dr. Moradi will receive only accrued base salary, pro-rated stipend, and unreimbursed expenses.
- He is not entitled to severance, accelerated equity, or other termination benefits.
- The agreement includes a mutual general release of claims and reaffirmation of post-termination obligations.